Mondelez International, Inc. $MDLZ Stake Raised by Crawford Investment Counsel Inc.

Crawford Investment Counsel Inc. boosted its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 22.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 923,192 shares of the company’s stock after acquiring an additional 169,761 shares during the quarter. Crawford Investment Counsel Inc.’s holdings in Mondelez International were worth $49,695,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. KERR FINANCIAL PLANNING Corp bought a new stake in Mondelez International in the third quarter worth about $27,000. J.Safra Asset Management Corp bought a new stake in Mondelez International in the fourth quarter worth about $25,000. Advocate Investing Services LLC bought a new stake in Mondelez International in the fourth quarter worth about $25,000. JPL Wealth Management LLC bought a new stake in Mondelez International in the third quarter worth about $32,000. Finally, Kemnay Advisory Services Inc. bought a new stake in Mondelez International in the fourth quarter worth about $28,000. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Price Performance

NASDAQ MDLZ opened at $62.15 on Wednesday. The stock’s 50-day moving average price is $60.33 and its two-hundred day moving average price is $58.22. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The company has a market cap of $79.78 billion, a PE ratio of 30.92, a PEG ratio of 2.41 and a beta of 0.38. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The company had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter in the previous year, the business posted $0.76 EPS. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, analysts predict that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s payout ratio is 99.50%.

Analyst Upgrades and Downgrades

MDLZ has been the topic of several research reports. Bank of America boosted their price target on shares of Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Rothschild & Co Redburn restated a “neutral” rating and set a $55.00 price objective (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. Deutsche Bank Aktiengesellschaft cut their price objective on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a report on Monday, March 30th. BTIG Research began coverage on Mondelez International in a report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price objective on the stock. Finally, TD Cowen boosted their price objective on Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.05.

About Mondelez International

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.